1st 2nd 3rd 4th 5th 6th 8th 10th 12th 18th 21st 22nd 23rd 25th 28th 29th Started in business with GHS38, 000.00 in the bank Bought goods on credit from Gilad GHS1455.00 Bought goods on credit from Swarty GHs472.00 Invested in fixed deposit by cheque GHs20, 000.00 Sold goods for cash GHS210.00 VCL returned goods to Gilad GHs82.00 Bought goods on credit from Swarty GHS370.00 Sold goods on credit to P. King GHs483.00 Sold goods for cash GHs305.00 Took GHs250.00 of the cash and paid it into the ba Bought a Water Dispenser by cheque GHs620.00 Sold goods on credit to Benz GHs394.00 P. King returned goods to VCL GHS160.00 Benz returned goods to VCL GHS18.00 VCL returned goods to Swarty GHs47.00 VCL paid Gilad by cheque GHs1373.00
1st 2nd 3rd 4th 5th 6th 8th 10th 12th 18th 21st 22nd 23rd 25th 28th 29th Started in business with GHS38, 000.00 in the bank Bought goods on credit from Gilad GHS1455.00 Bought goods on credit from Swarty GHs472.00 Invested in fixed deposit by cheque GHs20, 000.00 Sold goods for cash GHS210.00 VCL returned goods to Gilad GHs82.00 Bought goods on credit from Swarty GHS370.00 Sold goods on credit to P. King GHs483.00 Sold goods for cash GHs305.00 Took GHs250.00 of the cash and paid it into the ba Bought a Water Dispenser by cheque GHs620.00 Sold goods on credit to Benz GHs394.00 P. King returned goods to VCL GHS160.00 Benz returned goods to VCL GHS18.00 VCL returned goods to Swarty GHs47.00 VCL paid Gilad by cheque GHs1373.00
Chapter4: Operating Activities: Sales And Cash Receipts
Section: Chapter Questions
Problem 3.7C
Related questions
Question
please answer within the format by providing formula the detailed working
Please provide answer in text (Without image)
Please provide answer in text (Without image)
Please provide answer in text (Without image)
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you